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Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Market-bound Fino Payments Bank raises Rs 539 cr through anchor issue

Finance

29 October, 2021

Market-bound Fino Payments Bank raises Rs 539 cr through anchor issue

Market-bound Fino Payments Bank on Thursday raised Rs 538.78 crore from 29 anchor investors.  It issued an aggregate of...

Multiples-backed Vastu Housing Finance raises $200 mn led by Norwest, others

Finance

29 October, 2021

Multiples-backed Vastu Housing Finance raises $200 mn led by Norwest, others

Vastu Housing Finance Corporation Ltd on Friday said it has raised $200 million (around Rs 1,460 crore) in a financing ......

Hong Kong's PAG seeking to raise $9 billion with new buyout fund

Finance

29 October, 2021

Hong Kong's PAG seeking to raise $9 billion with new buyout fund

Asia-focused investment firm PAG is aiming to raise $9 billion in what would be its fourth and largest buyout fund, ......

India re-appoints Das as RBI governor for another three years

Finance

29 October, 2021

India re-appoints Das as RBI governor for another three years

The Indian government said Shaktikanta Das has been re-appointed as the governor of the Reserve Bank of India (RBI) for ......

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Large firms bank on PEs to fund new businesses

Finance

29 October, 2021

Large firms bank on PEs to fund new businesses

India’s top conglomerates are increasingly relying on private equity funds to finance their new businesses, eschewing the...

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IPO fundraising to reach Rs 1 trillion mark in 2021 as tech unicorns hit the market

Finance

28 October, 2021

IPO fundraising to reach Rs 1 trillion mark in 2021 as tech unicorns hit the market

India’s IPO market is set to witness record fundraising this year, topping the previous high of Rs 67,147 crore seen ......

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Paytm founder Sharma to invest IPO proceeds in insurance biz

Finance

28 October, 2021

Paytm founder Sharma to invest IPO proceeds in insurance biz

Paytm founder Vijay Shekhar Sharma, who will be selling Rs 402.65 crore worth of shares in Paytm’s offer for sale ......

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Fraazo backer Equanimity readies new vehicle as it eyes final bet from debut fund

Finance

28 October, 2021

Fraazo backer Equanimity readies new vehicle as it eyes final bet from debut fund

Mumbai-based venture capital firm Equanimity Investments is close to deploying its first fund and has initiated the process to...

Morgan Stanley downgrades Indian equities over valuations

Finance

28 October, 2021

Morgan Stanley downgrades Indian equities over valuations

Morgan Stanley downgraded Indian equities to equal-weight from overweight on Thursday due to expensive valuations, and said it...

Real estate developer Eldeco secures debt funding from Tata's housing finance arm

Finance

28 October, 2021

Real estate developer Eldeco secures debt funding from Tata's housing finance arm

Eldeco Group, one of the leading real estate developers in north India, has raised Rs 275 crore in a debt ......

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